10 things that changed for market over weekend - Gift Nifty, US government shutdown to gold prices

By Admin

10 Nov, 2025

As the new trading week begins, the Indian stock market appears poised for a cautious start. Gift Nifty was trading around the 25,587 level a slight discount of nearly 2 points from the Nifty futures’ previous close   suggesting a flat opening for Sensex and Nifty 50. Following mixed cues from global markets, investors are keeping an eye on crucial macroeconomic events and corporate earnings that could shape market sentiment this week.

Here are the 10 major developments that shaped the markets over the weekend:

1. Flat Start Indicated by Gift Nifty
Gift Nifty hovered near 25,587, reflecting muted sentiment and hinting at a flat start for Indian indices. On Friday, the Nifty 50 closed marginally lower by 17.40 points at 25,492.30, and the Sensex slipped 94.73 points to 83,216.28   marking the third consecutive day of decline.

2. Asian Markets Edge Higher
Asian equities opened mostly positive on Monday. Japan’s Nikkei 225 gained 0.63%, while the Topix rose 0.37%. South Korea’s Kospi jumped 2.01%, and Kosdaq remained flat. However, Hong Kong’s Hang Seng index futures pointed to a lower start, reflecting regional divergence.

3. Wall Street Mixed as Shutdown Resolution Nears
On Wall Street, US markets closed mixed on Friday amid concerns over economic slowdown and overvaluation in tech stocks. Yet, optimism grew as lawmakers approached a deal to end the historic 40-day US government shutdown. The Dow Jones rose 0.16%, the S&P 500 added 0.13%, while the Nasdaq Composite slipped 0.21%.

4. US Government Shutdown Nears Resolution
The US Senate prepared to advance a bill to reopen the government and combine short-term funding with three full-year appropriations. The new funding would run through January 2026, helping restore stability to US operations after more than a month-long disruption.

5. Bank of Japan Policy Hints at Rate Hike
Minutes from the Bank of Japan’s October meeting revealed growing support for a near-term interest rate increase, as policymakers emphasized sustaining wage growth and stabilizing inflation trends   a key shift after years of ultra-loose monetary policy.

6. China’s Inflation Turns Positive
China’s consumer price index (CPI) unexpectedly rose 0.2% year-on-year in October, reversing a 0.3% fall in September. Wholesale inflation also showed a slower decline at 2.1%, suggesting gradual stabilization in the world’s second-largest economy.

7. US Dollar Remains Firm
The US dollar index climbed 0.2% to 99.74, supported by risk aversion amid weak global economic data. The yen traded at 153.82 per dollar, while the euro and sterling weakened slightly to $1.155 and $1.314, respectively. The offshore yuan remained steady at 7.1261.

8. Gold Prices Edge Higher
Investors turned to gold amid uncertainty over US economic health and the government shutdown. Spot gold rose 0.4% to $4,016.92 an ounce, though prices remain down nearly 8% from their mid-October peak above $4,380.

9. Crude Oil Gains Slightly
Oil markets inched higher on concerns about excess supply and the fallout from US sanctions against Russia. Brent crude rose 0.24% to $63.78 per barrel, while WTI crude climbed 0.30% to $59.93.

10. FII & DII Flows Remain Supportive
Foreign Institutional Investors (FIIs) net purchased ₹4,581.34 crore worth of Indian equities on Friday, while Domestic Institutional Investors (DIIs) added ₹6,674.77 crore, indicating continued domestic support even amid global uncertainties.

Market Outlook
According to Siddhartha Khemka, Head of Research (Wealth Management) at Motilal Oswal Financial Services Ltd., markets are likely to remain range-bound in the near term. Optimism around better-than-expected Q2 earnings and progress on India–US trade discussions could offer upside potential.

Key Triggers to Watch This Week:

• India’s Q2 corporate earnings
  
  

• Inflation data from key economies
  
  

• IPO activity and FII inflows
  
  

• Gold and crude price trends
  
  

• Developments on the India–US trade deal
  
  

With mixed signals globally and cautious optimism locally, investors are expected to tread carefully as the markets seek fresh direction.